Corteva's seed business just spun out as Vylor with a $19 billion crop pipeline

Podcast: AgTech Digest: Weekly Agriculture Technology News & Deals · iGrowNews

Opublikowano: 2026-10-02

A $19 billion seed pipeline just walked out of Corteva and started trading on its own. Corteva completed the spin-off of its seed and genetics business on October 1, and it now trades on the NYSE as Vylor, led by CEO Chuck Magro from Johnston, Iowa. The company values its corn, soybean and wheat pipeline at $19 billion, plans 12 platform launches over the next decade — including the Xpedite hybrid wheat system and the Vylor One licensing arm — and targets $11.2–11.9 billion in revenue by 2029. Also this week: Hormel Foods agreed to buy Wisconsin chicken processor Brakebush for about $1.055 billion agains...